ALAB (NASDAQ: ALAB) files Form 144 to sell 40,000 common shares

Rhea-AI Filing Summary

ALAB - Form 144 notice of proposed sale of restricted/common shares. The filing lists 40,000 shares of Common stock to be sold under Rule 144 with an aggregate dollar amount of $8,623,200.00. The filing notes prior 10b5-1 sales during the past three months totaling 280,000 shares across named trusts with aggregate proceeds recorded.

The securities to be sold were acquired 11/21/2017 (private acquisition from issuer or affiliate). The filing date shown is 05/19/2026 and sales listed as effected on 05/07/2026 for the prior transactions.

Insights

Securities Attorney

Form 144 registers a planned Rule 144 disposition of 40,000 common shares.

The notice shows a proposed sale of 40,000 common shares with an aggregate amount of $8,623,200.00. It also discloses multiple 10b5-1 plan sales totaling 280,000 shares during the prior three months, each listed with proceeds.

Timing and method details are limited to dates provided; cash‑flow treatment and specific brokers/transaction mechanics are not disclosed in the excerpt.

Key Figures

Proposed shares to be sold: 40,000 shares Aggregate dollar amount: $8,623,200.00 Prior 10b5-1 sales (example totals): 280,000 shares +2 more

5 metrics

Proposed shares to be sold 40,000 shares listed in Form 144 as securities to be sold

Aggregate dollar amount $8,623,200.00 aggregate amount shown alongside the 40,000 shares

Prior 10b5-1 sales (example totals) 280,000 shares sum of 40,000 + 200,000 + 40,000 listed as 10b5-1 sales on 05/07/2026

Acquisition date 11/21/2017 acquisition date for the securities to be sold (private acquisition from issuer or affiliate)

Filing date 05/19/2026 date shown in the filing excerpt

Key Terms

10b5-1 Sales, Private Acquisition from Issuer or an Affiliate, Form 144

3 terms

10b5-1 Sales regulatory

"10b5-1 Sales for N2021 IRREVOCABLE TRUST U/A DTD06/10/2021"

10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.

Private Acquisition from Issuer or an Affiliate regulatory

"Private Acquisition from Issuer or an Affiliate | Issuer"

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	40000	8623200.00	171407939	05/19/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/21/2017	Private Acquisition from Issuer or an Affiliate	Issuer			40000	11/21/2017	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for N2021 IRREVOCABLE TRUST U/A DTD06/10/2021 2345 North First Street San Jose CA 95131	Common	05/07/2026	40000	7935718.00
10b5-1 Sales for NAVAD TRUST U/A DTD 11/01/2012 2345 North First Street San Jose CA 95131	Common	05/07/2026	200000	39678590.00
10b5-1 Sales for SN2021 IRREVOCABLE TRUST U/A DTD06/10/2021 2345 North First Street San Jose CA 95131	Common	05/07/2026	40000	7935718.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does ALAB's Form 144 disclose about the number of shares?

The Form 144 lists 40,000 shares of Common stock proposed for sale in the notice. It also shows prior sales of 280,000 shares executed under 10b5-1 plans in the past three months.

When were the securities to be sold acquired according to the filing for ALAB?

The filing states the shares were acquired on 11/21/2017 via a private acquisition from the issuer or an affiliate. That acquisition date is the acquisition date shown in the Form 144 excerpt.

What aggregate dollar amount is shown for the 40,000 shares in ALAB's filing?

The excerpt shows an aggregate amount of $8,623,200.00 associated with the 40,000 Common shares listed in the Form 144 notice filed on 05/19/2026.

Do the prior sales listed in the ALAB excerpt indicate a trading plan?

Yes. The prior transactions are labeled as 10b5-1 Sales for named trusts, with sale dates of 05/07/2026 and listed share counts and proceeds for each trust.

Which trust names appear in the prior sales listed in the ALAB filing?

The excerpt lists N2021 IRREVOCABLE TRUST U/A DTD06/10/2021, NAVAD TRUST U/A DTD 11/01/2012, and SN2021 IRREVOCABLE TRUST U/A DTD06/10/2021 as parties to 10b5-1 sales.